Business
Dubai-based Emirates airline on Thursday posted its first loss in more than three decades, saying it had been badly hit by the coronavirus lockdown that brought air transport to "a literal standstill".
Nov 12, 2020
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Business
Major travel disruptions due to the new coronavirus have already caused the equivalent of a roughly $100 million loss to airlines in the Middle East, which serves as a connection hub for east-west travel, the industry's main ...
Mar 2, 2020
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Business
Being raised in the Middle East with a lack of savings and investment culture, many young Arabs are turning to online banking services to help track their spending and budget.
Dec 12, 2021
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Business
Global airlines will lose an estimated $51.8 billion in 2021 and another $11.6 billion in 2022 in the aftermath of the Covid-19 pandemic, according to an industry forecast released Monday.
Oct 4, 2021
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Business
Seven Middle Eastern countries have suspended all commercial flights due to a fast-spreading new virus as the aviation industry's largest trade association announced Thursday that airlines in the region have already lost ...
Mar 19, 2020
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Business
The Middle East's biggest carrier, the Dubai-based Emirates, announced on Wednesday a firm order for 30 Boeing 787 Dreamliners in a deal valued at $8.8 billion.
Nov 20, 2019
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Energy & Green Tech
Arid and surrounded by the salt waters of the Persian Gulf, World Cup host Qatar is among the world's most water-stressed countries. The nation of 2.9 million people has no rivers, and receives less than four inches (10 centimeters) ...
Nov 10, 2022
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Business
Vietnamese internet firm VNG has filed to list in the United States, soon after electric vehicle maker VinFast made its debut in New York.
Aug 24, 2023
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Business
The parent company of social media platform Snapchat said Wednesday that it is letting go of 20% of its staff as it reorganizes and tries to reduce costs in the face of declining ad sales.
Aug 31, 2022
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Internet
In a break from social media mud-slinging and Lebanon's perennially polarised debates, audio app Clubhouse is hosting a new kind of conversation in the crisis-hit country.
Apr 6, 2021
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